Board resolution for sale of car

You just need to pass a board resolution deciding and authorising someone to sell the car. Then execute the documents for sell of car.

Dear Sir,

 If Pvt company solds  it's vehicals, is board resoultion mandatory ??.

If yes pls tell me under which section

Resoluion will always be asked by the appropriate authority to transfer the property.

Draft Resolution:

"RESOLVED THAT the Company do sale its ................ Car at an appropriate consideration."

"RESOLVED FURTHER THAT Shri.................. be and is authorised to sign, seal, execute and deliver necessary documents, paper and apply for the transfer of registration of the said ......... Car and to do all such necessary acts, deeds and things as may deemed necessary, expedient and desirable to give effect to the abvoe resolution."

Yes, who will do all such formalities and sign on the documents.

What are the formalities involved in transferring ownership of a vehicle from one company to another?